{"id":44535,"date":"2020-11-10T16:49:38","date_gmt":"2020-11-10T15:49:38","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=44535"},"modified":"2020-11-10T16:49:38","modified_gmt":"2020-11-10T15:49:38","slug":"border-closure-bloomberg-report-on-sole-export-exemption-misleading","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/","title":{"rendered":"Border Closure: Bloomberg Report On Sole Export Exemption Misleading"},"content":{"rendered":"<div id=\"yiv5804271249yMail_cursorElementTracker_1605012682596\">Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders.<\/div>\n<div><\/div>\n<div>Nigerian Customs Service has reportedly revealed that BUA Group and a gas company have also received presidential approval to move goods across the land borders.<\/div>\n<div><\/div>\n<div>Joseph Attah, the spokesperson for Nigerian Customs Service, was said to have clarified on phone from Lagos.<\/div>\n<div><\/div>\n<div>Dangote Cement and other companies in July, 2020 got partial special dispensation to export their products with certain sequence of crossing at Ilela land border in Sokoto State and Ohumbe land border in Ogun State, the company clarified.<\/div>\n<div><\/div>\n<div>Chief Executive Officer, Dangote Cement, Michel Puchercos, in his presentation on investor call held this week explained that the company is continuously focused on exporting cement to West and Central Africa by sea through its export terminals.<\/div>\n<div><\/div>\n<div>He added that six vessels of clinker were exported in the third quarter of 2020 via the Apapa export terminal, while plans are on track to commission the Port Harcourt export terminal before the end of this year.<\/div>\n<div><\/div>\n<div>For the quarter, Dangote Cement exported only 69 kilotonnes of cement via the land borders, compared to previous volumes of 180 kilotonnes before the border closures, which indicates just 38 per cent of the export volumes.<\/div>\n<div><\/div>\n<div>Also in a reaction to the Bloomberg publication, the Group Chief, Branding and Communications, Dangote Group, Mr. Anthony Chiejina, said the report is misleading and mischievous because it focused only on Dangote Cement as the sole beneficiary of the partial special dispensation.<\/div>\n<div><\/div>\n<div id=\"yiv5804271249yMail_cursorElementTracker_1605012283690\">According to him, \u201cDangote Cement is a publicly quoted company and complies strictly with the Securities &amp; Exchange Commission(SEC) and Nigerian Stock Exchange (NSE) full disclosure clauses and regularly update transparently our transactions to our shareholders and it is disheartening that such honest disclosure is being interpreted negatively.\u201d<\/div>\n<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":16056,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[1508,7768],"coauthors":[2391],"class_list":["post-44535","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-dangote-cement","tag-land-borders"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire<\/title>\n<meta name=\"description\" content=\"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire\" \/>\n<meta property=\"og:description\" content=\"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-10T15:49:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"595\" \/>\n\t<meta property=\"og:image:height\" content=\"366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg\",\"width\":595,\"height\":366},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/\",\"name\":\"Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#primaryimage\"},\"datePublished\":\"2020-11-10T15:49:38+00:00\",\"dateModified\":\"2020-11-10T15:49:38+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Border Closure: Bloomberg Report On Sole Export Exemption Misleading\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire","description":"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/","og_locale":"en_US","og_type":"article","og_title":"Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire","og_description":"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has","og_url":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/","og_site_name":"National Wire","article_published_time":"2020-11-10T15:49:38+00:00","og_image":[{"width":595,"height":366,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/07\/Dangote-Cement-1.jpg","width":595,"height":366},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/","name":"Border Closure: Bloomberg Report On Sole Export Exemption Misleading - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#primaryimage"},"datePublished":"2020-11-10T15:49:38+00:00","dateModified":"2020-11-10T15:49:38+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/border-closure-bloomberg-report-on-sole-export-exemption-misleading\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"Border Closure: Bloomberg Report On Sole Export Exemption Misleading"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/44535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=44535"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/44535\/revisions"}],"predecessor-version":[{"id":44536,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/44535\/revisions\/44536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/16056"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=44535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=44535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=44535"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=44535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}